Alef Education Holding Plc · ADX:ALEFEDT
Alef Education — Q3 2024 Earnings Presentation
23 slides from Alef Education's earnings presentation, Nov 1, 2024
Slide 1: Alef Education Q3 2024 Earnings Presentation
Alef Education Q3 2024 Earnings Presentation
Slide 2: Forward Looking Statements
Forward Looking Statements This presentation includes forward-looking statements. The forward-looking statements contained in this presentation speak only as of the date of this presentation. These forward-looking statements involve known and unknown risks and uncertainties, many of which are beyond
Slide 3: Key Investment Highlights
Key Investment Highlights Strong Revenue Visibility, Profitability and Cash Flow Generation Leveraging Long-Term Strategic Contract, highly attractive dividend yield 1 Established to realized the UAE’s ambition to enable the future generation with high quality technology driven educational experienc
Slide 4: Executive Summary: Highlights & KPIs Q3 2024 in Numbers
Executive Summary Highlights & KPIs Q3 2024 in Numbers Consistent and sticky revenue leveraging long-term strategic ADEK contract providing significant revenue visibility and reliability; slight Revenue increase in B2B and B2G revenue year-on-year Financial AED 551M Robust cash flow generation even as
Slide 5: Business update
Business update
Slide 6: Achieving Growth Through a Well-Defined Strategic Roadmap
Achieving Growth Through a Well-Defined Strategic Roadmap Alef’s Strategy for Growth 3 Among B2B World Leaders 2 High Impact B2G Integrated platform of teaching & 1 Super-Serve learning solutions empowering schools & school groups to improve the UAE educational outcomes Tailored end-to-end programs t
Slide 7: Super-serve the UAE
Super-serve the UAE
Slide 8: Super-serve the UAE - Edtech Partner of Choice for the UAE
Super-serve the UAE - “Edtech Partner of Choice for the UAE” The UAE offers significant growth potential B2G Leadership position maintained +AED 4.3B Alef has c.20% of TAM, leaving lots ADEK Other B2G contracts TAM* of headroom for organic growth ● Current students served c. 68K ● Alef has been award
Slide 9: High Impact B2G
High Impact B2G
Slide 10: High Impact B2G | Go To Market Plans
High Impact B2G | Go To Market Plans Three Key Areas where Alef Supports Ministries of Education 1 Generate Organic Leads Understanding ▪ Thought Leadership Concentrate on levels, gaps and ▪ Marketing ▪ Arabic scale progress Assessments ▪ Direct Sales Team ▪ Personalized, data-driven education & Nat
Slide 11: High Impact B2G | Key Progress on Miqyas Al Dhad
High Impact B2G | Key Progress on Miqyas Al Dhad ()ﻣﻘﯾﺎس اﻟﺿﺎد Operational Updates ❏ Appointed General Manager to lead the project ❏ Signed several MOUs with ministries of education, and in advanced discussions with others ❏ Held first advisory board ❏ Held several Expert committee meetings ❏ Achie
Slide 12: B2B World Leader
B2B World Leader
Slide 13: B2B Market | Where we are today?
B2B Market | Where we are today? Egypt Started 2024 Offering: Abjadiyat, Math Pathways, Arabits Kuwait Indonesia • MoU for pilot launching signed with a Qatar Started 2023 school group that represents 4k students Offering: Core Maths and • Collaborations discussions on Miqyas Arabic Al Dahd are adva
Slide 14: Market-leading, Locally-relevant Product Portfolio
Market-leading, Locally-relevant Product Portfolio
Slide 15: Core Products Offerings and Development Pipeline
Core Products Offerings and Development Pipeline 3 Math Assessment 2024 English Reading Assessment Arabic Language Assessment Portfolio of baseline and progress assessments Early Childhood Education focusing on Cutting edge products for schools and learners; 2 Literacy and Numeracy for English Asses
Slide 16: Alef Next Generation Products | 2024 Development
Alef Next Generation Products | 2024 Development Pathways Assessment Math Science English Reading Arabic Reading Math English Arabic Assessments Assessment Benchmark Assessment (4 Skills) Coverage of Science Program English Reading Arabic Reading Aligned with Map and Aligned with Map and Currently i
Slide 17: Financial overview
Financial overview
Slide 18: Financial Overview | Revenue & Expenses
Financial Overview | Revenue & Expenses Revenue (AED mn) Expenses (AED mn) 538 551 191 182 186 197 71 70 • Cost optimization initiatives and operational efficiency resulted in • All revenue segments outperformed during 9 months 2024 compared sizeable savings in overheads in 9 months 2024 reflecting op
Slide 19: Financial Overview | Adjusted EBITDA & Profit before Tax
Financial Overview | Adjusted EBITDA & Profit before Tax Adj. EBITDA* (AED mn) Adj. Profit before tax* (AED mn) • In 9 months 2024, EBITDA margin increased from 69% to • Net profit margin registered 69% in 9 months 2024, up from 72%, driven by revenue growth and cost optimization. 65% in the previous y
Slide 20: Financial Overview | Capex, Total Assets & Liabilities
Financial Overview | Capex, Total Assets & Liabilities CapEx (AED mn) Capex witnessed an increase in 9 months 2024, reaching AED 90 million, compared to AED 20 million in the comparable period of last year. The increase is primarily driven by the acquisition of intangible assets attributed to the ac
Slide 21: Closing Remarks and Q&A
Closing Remarks and Q&A Solid Revenue Visibility Attractive Dividend Yield Strong revenue visibility leveraging Capitalising on strong financial strategic long-term B2G contract that performance and cash flow generation, provides reliable and steady income Alef Education guarantees a dividend stream p
Slide 22: Alef's Stock (ALEFEDT) | Snapshot
Alef’s Stock (ALEFEDT) | Snapshot Alef’s Dividend Guarantee | Yield vs. Commentary Shareholders Structure 3-months EIBOR • Free Float shareholder are guaranteed a minimum annual dividend of AED 135M for each FY24 & FY25, reflecting a guaranteed dividend of c. 10 Fils per share per annum, which transl
Slide 23: THANK YOU
THANK YOU This is a CONFIDENTIAL classified Document This is a CONFIDENTIAL classified Document
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